San Fernando Valley Business Journal


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Jim Scanlon still in charge after selling brokerageDespite a $33 million buyout, Jim Scanlon is still at his desk selling policies.

By Karen E. Klein March 23, 2015 midnight   $$ Share

Kythera Has Hairy Strategy

BIOTECH: Maker of chin-fat drug taking on male-pattern baldness.

From chin fat reduction to hair loss prevention, Kythera likes vanity drugs.

Rocket Maker Separates Jobs

AEROSPACE: GenCorp. eyeing Rocketdyne for restructuring.

Aerojet Rocketdyne’s restructuring will have little impact in the Valley.

Plastic Surgeon With a Laser Focus

BEAUTY: Dr. Peter Grossman opens spa offering cosmetic procedures.

Dr. Peter Grossman opens a medical spa for non-surgical treatments.

Making His Mark In NoHo

Celebrity tattoo artist opens shop in district already doodle heavy.

Tattoo artist Romeo Lacoste opens his first parlor in trendy NoHo.

Score One For the Valley

Public spinoff picks Chatsworth for its headquarters.

Oil producer California Resources establishes its headquarters in Chatsworth.

I’ll Take the Steak, Hold the Aspirin

Simi Valley Hospital offering ‘restaurant– quality’ bedside fare.

Simi Valley Hospital skips the cafeteria tray with its upscale meal plan.

The Number

“Boomerang buyers” could lift the residential housing market.

Fashioning A New Life

ECOMMERCE: Dalia Hadari’s successful beauty supply firm has roots in her tough childhood.

Atypical Brands’ online marketing strategy delivers atypical growth.

Westlake Plaza Hopes Facelift Allures Shoppers

REDEVELOPMENT: Regency completes $27 million first phase of center rehab.

The first phase of the Westlake Plaza facelift was completed this month as its owner seeks to keep pace with competing shopping centers in the affluent Westlake Village retail market.

Hertzberg: Let’s Make Pro Bono Law Work Pay

EDUCATION: Proposed bill would help pay loans of public service lawyers.

State Sen. Bob Hertzberg, the Valley’s newest representative in Sacramento, has a plan to solve dual problems in the legal profession.

Almost Legendary

Thomas Tull has built Legendary Entertainment into a major Hollywood player from his base in the Valley.

Thomas Tull’s mix of private equity savvy and Hollywood deal-making has made Legendary Entertainment.

No Stamp of Approval for Post Office Project

DEVELOPMENT: Woodland Hills citizens’ committee asks for more revisions.

Plans for a luxury apartment complex at the site of the Woodland Hills post office have been sent back to the drawing board again – but not before the developer won over a few critics.

Around the Valleys

News and notes from around the greater San Fernando Valley

Former Pentagon official Jay Gibson has been named chief executive of XCOR Aerospace, developer of a space vehicle at the Mojave Air & Space Port. Gibson replaces Jeff Greason, a founder of XCOR, who will remain as chief technology officer and chairman.


Calendar of events

Heraclitus in the Valley

Ever heard the old saying “you can’t step in the same river twice?” Probably, and for good reason.

Papa’s New Bag

Adam Levine’s father expanding M. Fredric chain

Having weathered the recession, apparel chain M. Fredric is ready to grow again.

Studios Seek to Erase Lawsuit

ANIMATION: Disney, others deny collusion to hold down salaries.

Employee suit alleges Disney, DreamWorks and others conspired to keep down animator salaries.

Will Leaseback Rewrite Script?

FINANCE: DreamWorks said to get soft price, great lease on campus.

The sale and leaseback of DreamWorks’ campus gives the studio $185 million.

Boutique Hotel Breaking Ground

HOSPITALITY: Hip lodging set for far reaches of NoHo district.

A NoHo hotel tries to carve out space a block away from the arts district.

Playing in The Sand At CSUN

University fundraising helps volleyball team move from Malibu.

CSUN’s Matadors have a new logo, licensing deals and a sand volleyball team.

When Students Know Best

Couple wins contest on attracting youth to manufacturing jobs.

Two students explain how to train next-gen factory workers.

Getting Hyper – Local

MARKETING: Vimby has drawn national ad clients with its granular approach to video.

When brands need video made in multiple cities, they call Vimby.

Rigged to Perform in Crash Tests

Duo wins Academy recognition for filming driving, crash scenes.

Stunt drivers build a better vehicle for filming fast action.

The Number

Movie shoots are multiplying in the Santa Clarita Valley.